Zacks Investment Research upgraded shares of Accelerize (OTCBB:ACLZ) from a strong sell rating to a hold rating in a research report released on Tuesday.

According to Zacks, “Accelerize Inc. is an online based media and customer acquisition solutions provider. It owns and operates CAKE, a software-as-a-service enterprise platform providing online tracking and analytics solutions for advertisers, affiliate marketers, and lead generators. The Company also offers cupCAKE, a campaign management solution for small and medium sized affiliate marketers. Accelerize Inc., formerly known as Accelerize New Media, Inc., is headquartered in Newport Beach, California. “

Accelerize (ACLZ) opened at $0.27 on Tuesday. Accelerize has a 1-year low of $0.25 and a 1-year high of $0.58. The stock has a market cap of $17.69, a P/E ratio of -4.50, a P/E/G ratio of 1.08 and a beta of 2.30. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of -1.08.

Accelerize (OTCBB:ACLZ) last released its earnings results on Wednesday, November 15th. The company reported ($0.01) EPS for the quarter. The business had revenue of $6.07 million for the quarter, compared to the consensus estimate of $6.10 million. analysts expect that Accelerize will post -0.01 EPS for the current year.

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Accelerize Company Profile

Accelerize Inc owns and operates CAKE and, a marketing technology that provides a suite of marketing intelligence tools. The Company’s software-as-a service (SaaS) is an enterprise solution, which provides online tracking and analytics solutions for advertisers and online marketers. The Company provides software solutions for businesses interested in optimizing their digital advertising spend.

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